2-bedroom flat · RG24 7JL
For saleListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Lyde Court development in Old Basing, this modern well presented two bedroom second floor apartment offers bright and stylish, well designed single-level accommodation.
Positioned on the second floor - above a lower duplex unit the property is accessed via a secure communal entrance with stair access.
Completed in 2023 and finished to a high specification, the property forms part of a unique collection of just 21 homes, set within attractive communal grounds with views of the stream.
The property enjoys an especially appealing setting, with the pub just moments away, an award winning fish and chip shop within an easy stroll and a quick run into Basingstoke.
It’s a location that offers both convenience and a relaxed, village led lifestyle.
The spacious open plan kitchen/diner/living area provides an ideal layout for modern living, featuring contemporary cabinetry, integrated appliances and ample space for dining and relaxation.
There are two double bedrooms, including a principal bedroom with en- suite shower room and fitted wardrobes. A separate family bathroom serves the second bedroom and guests.
Externally, residents enjoy communal gardens overlooking the stream, creating a peaceful setting. The property benefits from one allocated parking space, with additional visitor bays available.
Further features include a secure entry system, all electric heating, FTTP broadband, and a long 999 year lease from 1 January 2022.
With its combination of modern design, attractive surroundings and convenient location and with all external building maintenance, window cleaning and ground keeping fully managed on your behalf, this homes defines effortless village living.
Boasting a 999 year lease from new, an attractive £0 ground rent structure, a reasonable management fee and the remaining balance of its 10 year LABC new-build warranty, this pristine lock up and leave is ideal for busy professionals, first time buyers, downsizers or investors.
Material Information Part A – Essential Information Property Type: Second floor apartment Bedrooms: 2 double bedrooms Bathrooms: Family bathroom + en suite Tenure: Leasehold Lease Length: 999 years from 1 January 2022 Service Charge: Approx.
£1,400 per annum Ground Rent: £0 Council Tax Band: C EPC Rating: C Size: 625 sq ft Part B – Utilities & Construction Heating: All electric Water & Drainage: Mains Electricity: Mains Broadband: FTTP (Fibre to the Premises) available Mobile Signal: Good 4G coverage from EE, Vodafone, O2 and Three; limited 5G availability from EE Construction: Modern purpose built block (2022) Part C – Additional Information Parking: 1 allocated parking space + visitor bays Outside Space: Communal gardens overlooking the stream Building Access: Secure entry system Development: Unique development of 21 units Flood Risk: Low risk (Flood Zone 1 – less than 0.1% annual chance; no identified surface water risk affecting the building) Warranty; Balance of LABC 10 year new build warranty (from 2023) Restrictions: None known
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Lyde Court, London Road, Old Basing, Hampshire
Explore nearby